Global economy 'to slow in 2005' Date: Thursday, June 30 @ 11:47:09 PDT Topic: Business News; Market Research
High energy prices and rising interest rates will substantially slow the global economy this year, the United Nations has warned.
Worldwide growth will slow to 3% in 2005, down from 2004's 4.1%, according to the report from the UN's Department of Economic & Social Affairs (UNDESA).
